February 23, 2015 – Anna Mehler Paperny, Global News
Lianne Paul had to empty her RRSP in September.
Not because she’s retiring – far from it: The mother of three is in her 40s. And a year after crippling health issues, including PTSD, forced her out of her job, she’s still unemployed. Openings for the same administrative work she’d been doing for years require skills that didn’t exist during her original diploma program.
Before she could qualify for income assistance to help her get by while she looks for a job, Paul had to liquidate all her savings – including the retirement nest egg to which she contributed for a decade.